Problem set and discussion in Project Management Process
Sow
pmp_discusion.docxDISCUSSION
Assigned Readings:
Chapter 12. Project Control
Chapter 13. Research and Development Projects
Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.
Also, provide a graduate-level response to each of the following questions:
1. Pick a major U.S. industry, such as automobiles or computers, and discuss the lapses in technology and innovation on the domestic front that permitted foreign competitors to get a foothold and, in some cases, a dominant share of the market. Who or what do you think was to blame for this situation?
2. In the mid-1980s, General Motors undertook a $5 billion program to introduce robotics and computer-integrated manufacturing techniques into many of its assembly plants. The results were disappointing, to say the least. Enormous technical problems dogged the program from the beginning, and the ultimate gains in productivity were decidedly modest. What do you think went wrong? Why? From the long-term perspective, was the automation program a good idea?
[Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words - do not provide quotes!]
[Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]
Submitting the Initial Posting: Your initial posting should be completed by Thursday, 11:59 p.m. EST.
Response to Other Student Postings : Respond substantively to the post of at least two peers, by Friday, 11:59 p.m. EST. A peer response such as “I agree with her,” or “I liked what he said about that” or similar comments are not considered substantive and will not be counted for course credit.
[Continue the discussion through Sunday,11:59 p.m. EST by highlighting differences between your postings and your colleagues' postings. Provide additional insights or alternative perspectives]
Evaluation of posts and responses: Your initial posts and peer responses will be evaluated on the basis of the kind of critical thinking and engagement displayed. The grading rubric evaluates the content based on seven areas:
Content Knowledge & Structure, Critical Thinking, Clarity & Effective Communication, Integration of Knowledge & Articles, Presentation, Writing Mechanics, and Response to Other Students.
PROBLEM SET
Activity I: An activity on the critical path of a project was scheduled to be completed within 12 weeks, with a budget of $8,000. During a performance review, which took place 7 weeks after the activity was initiated, it was found that 50% of the work had already been completed and that the actual cost was $4,500.
a. Calculate the EV of the activity.
b. Calculate the CI and SI for the activity.
c. Calculate the expected BAC using the original estimate approach.
d. Calculate the expected BAC using the revised estimate approach.
e. Compare and discuss the results obtained in parts (c) and (d).
Activity II: Identify a new product that is based on an innovation in technology, and draw up a strategic technical plan for its development. Be sure to discuss the risk factors at each stage, and indicate how you would deal with each.
The assignment is to answer the question provided above in essay form. This is to be in narrative form and should be as thorough as possible. Bullet points should not to be used. The paper should be at least 1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to project management. The textbook should also be utilized. Do not insert excess line spacing. APA formatting and citation should be used.
D
ISCUSSION
Assigned
Readings:
Chapter
12.
Project
Control
Chapter
13.
Research
and
Development
Projects
Initial
Postings:
Read
and
reflect
on
the
assigned
readings
for
the
week.
Then
post
what
you
thought
was
the
most
important
concept(s),
method(s),
term(s),
and/or
any
other
thing
that
you
felt
was
worthy
of
your
understanding
in
each
assigned
textbook
chapter.Your
initial
p
ost
should
be
based
upon
the
assigned
reading
for
the
week,
so
the
textbook
should
be
a
source
listed
in
your
reference
section
and
cited
within
the
body
of
the
text.
Other
sources
are
not
required
but
feel
free
to
use
them
if
they
aid
in
your
discussion.
Also,
provide
a
graduate
-
level
response
to
each
of
the
following
questions:
1.
Pick
a
major
U.S.
industry,
such
as
automobiles
or
computers,
and
discuss
the
lapses
in
technology
and
innovation
on
the
domestic
front
that
permitted
foreign
competitors
to
get
a
foothold
and,
in
some
cases,
a
dominant
share
of
the
market.
Who
or
what
do
you
think
was
to
blame
for
this
situation?
2.
In
the
mid
-
1980s,
General
Motors
undertook
a
$5
billion
program
to
introduce
robotics
and
computer
-
integrated
manufacturing
techniques
in
to
many
of
its
assembly
plants.
The
results
were
disappointing,
to
say
the
least.
Enormous
technical
problems
dogged
the
program
from
the
beginning,
and
the
ultimate
gains
in
productivity
were
decidedly
modest.
What
do
you
think
went
wrong?
Why?
From
the
l
ong
-
term
perspective,
was
the
automation
program
a
good
idea?
[Your
post
must
be
substantive
and
demonstrate
insight
gained
from
the
course
material.
P
ostings
must
be
in
the
student's
own
words
-
do
not
provide
quotes
!
]
[Your
initial
post
should
be
at
lea
st
450+
words
and
in
APA
format
(including
Times
New
Roman
with
font
size
12
and
double
spaced).
Post
the
actual
body
of
your
paper
in
the
discussion
thread
then
attach
a
Word
version
of
the
paper
for
APA
review]
Submitting
the
Initial
Posting:
Your
initial
posting
should
be
completed
by
Thursday,
11:59
p.m.
EST.
Response
to
Other
Student
Postings
:
Respond
substantively
to
the
post
of
at
least
two
peers,
b
y
Friday,
11:59
p.m.
EST.
A
peer
response
such
as
“I
agree
with
her,”
or
“I
liked
what
he
said
about
that”
or
similar
comments
are
not
considered
substantive
and
will
not
be
counted
for
course
credit.
[
Continue
the
discussion
through
Sunday,
11:59
p.m.
EST
by
highlighting
difference
s
between
your
postings
and
your
colleagues'
postings.
Provide
additional
insights
or
alternative
perspectives]
DISCUSSION
Assigned Readings:
Chapter 12. Project Control
Chapter 13. Research and Development Projects
Initial Postings: Read and reflect on the assigned readings for the week. Then post what you
thought was the most important concept(s), method(s), term(s), and/or any other thing that you
felt was worthy of your understanding in each assigned textbook chapter.Your initial post should
be based upon the assigned reading for the week, so the textbook should be a source listed in
your reference section and cited within the body of the text. Other sources are not required but
feel free to use them if they aid in your discussion.
Also, provide a graduate-level response to each of the following questions:
1. Pick a major U.S. industry, such as automobiles or computers, and discuss the
lapses in technology and innovation on the domestic front that permitted
foreign competitors to get a foothold and, in some cases, a dominant share of
the market. Who or what do you think was to blame for this situation?
2. In the mid-1980s, General Motors undertook a $5 billion program to introduce
robotics and computer-integrated manufacturing techniques into many of its
assembly plants. The results were disappointing, to say the least. Enormous
technical problems dogged the program from the beginning, and the ultimate
gains in productivity were decidedly modest. What do you think went wrong?
Why? From the long-term perspective, was the automation program a good
idea?
[Your post must be substantive and demonstrate insight gained from the course
material. Postings must be in the student's own words - do not provide quotes!]
[Your initial post should be at least 450+ words and in APA format (including Times New
Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion
thread then attach a Word version of the paper for APA review]
Submitting the Initial Posting:Your initial posting should be completed by Thursday,
11:59 p.m. EST.
Response to Other Student Postings: Respond substantively to the post of at least two
peers, by Friday, 11:59 p.m. EST. A peer response such as “I agree with her,” or “I
liked what he said about that” or similar comments are not considered substantive and
will not be counted for course credit.
[Continue the discussion through Sunday,11:59 p.m. EST by highlighting differences
between your postings and your colleagues' postings. Provide additional insights or alternative
perspectives]
